Odaily Planet Daily News: Bitget CEO Gracy Chen was invited to attend an interview with Bloomberg TV. In the interview, Gracy mentioned that Bitcoin is fluctuating around the $100,000 mark, reflecting a strong 'arbitrage' sentiment in the short-term market. She pointed out that especially some whale users who started accumulating positions in 2022 have an average holding cost of only about $20,000. Although future cryptocurrency regulation in the U.S. may become more lenient, the related uncertainties remain important considerations for investors. Some investors choose to cash out at the current price level. Meanwhile, Bitcoin's recent performance has provided more opportunities for altcoins. However, regarding the rumors circulating in the market about 'DOGE, SOL, and other altcoin ETFs potentially being approved soon,' she believes that there are still multiple challenges: First, the order of approval; based on the experience of Bitcoin and Ethereum ETFs being approved, mainstream markets typically first approve futures ETFs, and then the spot ETFs for related assets, but the futures ETFs for these altcoins have not yet been approved. Second, regulatory discord; some regulatory agencies still dispute whether tokens like SOL qualify as securities, which may affect the approval process. Third, the risk of market manipulation; most altcoins are not as decentralized as BTC and ETH, making the possibility of market manipulation relatively higher.

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